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Naval Systems - New Work Under Way for ASW Torpedo Program

The U.S. Navy this fall exercised the first option of a contract awarded last year to Raytheon’s Integrated Defense Systems business unit for production of Mk-54 lightweight antisubmarine (ASW) torpedo kits. The option, valued at $45.3 million, funds the second year of the five-year award. The company now is delivering kits under the first-year buy.

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